NEW YORK, NY--(Marketwired - March 12, 2014) - IntelliCell Biosciences, Inc. ("IntelliCell" or the "Company") (OTCQB: SVFC), a regenerative medicine company utilizing adult autologous vascular cells (SVCs) derived from the blood vessels found in adipose tissue, announced today that it has signed a license agreement with Dr. James Andrews's Research and Education Foundation (AREF) in Gulf Breeze, Florida for the installation of its cGTP Cellular Processing Lab for the manufacturing of Stromal Vascular Fraction Cells (SVFC).
IntelliCell's Chief Executive Officer, Dr. Steven Victor, remarked, "This is a huge step for IntelliCell BioScienses in the fields of orthopedic and sports medicine. IntelliCell's SVF cellular product has helped many professional and non-professional athletes with their injuries, allowing them to return to their careers and everyday life. With Dr. Andrews on board we will be able to advance the research and science of the SVF cellular product in the fields of orthopedic and sports medicine. We at IntelliCell believe Dr. Andrews's world-class experience and knowledge is unparalleled in the arena of treating injured athletes, and with Dr. Andrews' guidance IntelliCell should be able to make significant inroads."
As the new Chairman of the IntelliCell Orthopedic Cellular Therapy Advisory Board, Dr. James Andrews stated, "We at the Andrews's Research and Educational Foundation have recently joined forces with Intelicell BioSciences to participate in their autologous stem cell research. We are excited at the opportunity of developing a first class biological laboratory at our facility in conjunction with Intelicell BioSciences that will allow us to continue our effort towards excellence in clinical stem cell therapy research."
About IntelliCell Biosciences
IntelliCell is a pioneering regenerative medicine company focused on the expanding regenerative medical markets using adult autologous stromal vascular fraction cells (SVFCs) derived from the blood vessels in the adult adipose tissue. IntelliCell Biosciences has developed its own patented technology and protocol to separate adult autologous vascular cells from adipose tissue without the use of enzymes. IntelliCell will also be seeking to develop technology-licensing agreements with technology developers, universities, and international business entities.
About Dr. James Andrews
Dr. James Andrews is internationally known and recognized for his scientific and clinical research contributions in knee, shoulder and elbow injuries, as well as his skill as an orthopedic surgeon.
Dr. Andrews is a founding partner and medical director for the Andrews Institute in Gulf Breeze, Florida. In addition, he is a founding member of the American Sports Medicine Institute (ASMI).
Dr. Andrews has been the mentor for more than 250 orthopedic/sports medicine fellows and more than 45 primary care sports medicine fellows. Involved in education and research in sports medicine and orthopedic surgery, he has made major presentations on every continent, and has authored numerous scientific articles and books.
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